$MDHI
Medical Alarm Concepts Provides Investor Update - Signs Deal with Health Care Insurance Provider for Medical Alarms
KING OF PRUSSIA, Pa., March 4, 2013 /PRNewswire via COMTEX/ -- Medical Alarm Concepts Holding, Inc. (OTCPink: MDHI), today provided details about its recently accelerating growth rate and a contract signed with a diversified national insurer where Medical Alarm Concepts will become a provider of personal medical alarms.
Under the terms of the new agreement, the diversified national insurer will offer the Company's MediPendant? product and monthly monitoring services to subscribers of selected healthcare programs. Additionally, the Company's MediPendant? product has been, or may be, included in their dual demonstration program (Medicare and Medicaid) related contracts on which they may bid. Additional information regarding this contract can be viewed on the website hosted by the US Securities & Exchange Commission at the following link:
http://www.sec.gov/Archives/edgar/data/144308...262013.htm
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